The Check Advance System
(CHAS) software program handles Payday Loans and Check Advances.
It is customized and designed to your specifications and is
very flexible and easy-to-use. It has an customer transaction
history screen that shows all customer transactions, previews
customer photo (if available), allows for processing another
advance, NSF capability, returned check fees, and list all
previous activity. Printing of contracts (also known as Truth
& Lending agreement), customer receipts, and other daily
& monthly reports is included.
The CHAS software is very flexible and easy-to-use can
be easily customized & designed to your specifications.
However, the main features for this system is that it is
inexpensive, can be loaded within minutes (either on CD
or direct purchase online), and it is supported 100%.
Here are the features of the system:
No more hand-written contracts.
Automatic calculation of fees and due dates, however, can
be changed.
Table-driven (this means as the business changes, no need
for additional programming).
2 hours of free support time and provide immediate support.
Multi-site and/or Network capability.
History feature shows how many advances customers have had
in the past, makes future advance processing quick &
simple.
Various drop-down boxes eliminate errors.
Hold system which prevents future advances.
NSF check tracking.
Return check fee capability.
If scanner or digital camera, customer photo capability
will
automatically load customer photo with each advance and
when
viewing History transactions.
Maximum loan capability. (i.e., only 1 loan outstanding
at a time).
Initial loan capability (i.e., on first-time loan, only
allow $100).
Various reports (ad-hoc, daily, and monthly).
